Pembahasan Ujian PAI: A40 – No. 24 – November 2015

Classification of Budgets[1]

• Static budget: also known as a fixed budget or a fixed-amount budget, are generally not subject to change unless management has approved the changes.
• Flexible budget: also known as a flexible-amount budget, a dynamic budget, provides alternative sets of figures to use under the different circumstances that may arise during a budgeting period.
• Rolling budget: also known as a continuous budget, allows a company to continually maintain projections for a certain time period into the future.
• Fixed budget = Static budget
• Period budget: covers a specific time frame, such as one month or one year, and expires at the end of that time frame.

Jawaban: a. Statistic budget dan b. Fixed budget

[1] Mulligan, E. and Stone, G. (1997). Accounting and financial reporting in life and health insurance companies. Atlanta, Ga.: Life Management Institute, LOMA.